Tanilba Bay
48 President Wilson Walk

For Sale

Coastal Commercial or Seniors Housing Development

The subject property was formerly operating as a retail Shopping Centre and has been vacant since mid-2008. The vendor commissioned a study of the property and has developed a Concept Plan for the development of a residential aged care facility through adaptive re-use of the existing building. The Concept Plan envisages conversion of the existing building into a residential aged care facility and also provides the option for development of ancillary and complimentary uses such as a medical centre and independent living units etc.

The vendor has sought and obtained initial in principle approval from the Port Stephens Council for the development of a residential aged care facility on the subject property which was looked at favourably by council.